Reading Time: 2 minutes MarketsFarm – Pulse crops across Saskatchewan are growing well for the most part, but not in every corner of the province, according to the province’s own specialist. Dale Risula, special crops specialist for Saskatchewan’s Ministry of Agriculture, said this year’s pulse crops are looking much better than those in last year’s drought, which he called […] Read more
Pulse weekly outlook: Saskatchewan crops growing well despite threats
Saskatchewan crops advancing quickly
Reading Time: 2 minutes MarketsFarm — Hot and humid conditions saw crops in Saskatchewan advance quickly during the week ended Monday, according to the latest provincial crop report — although the humidity has slowed haying. When humidity is high, cutting hay becomes more challenging and hay that is cut does not dry down as quickly, which can result in […] Read more
U.S. grains: Corn, soy, wheat fall on weather, Ukraine sea pact
IGC's corn outlook lower, wheat outlook up
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to two-week lows and new-crop soybeans hit a six-month low on Thursday on improving crop weather in the Midwest and news of a deal to restart Ukraine’s Black Sea grain exports, traders said. Wheat futures declined after choppy trade. All three markets fell to the day’s lows […] Read more
ICE weekly outlook: Benign weather weighs on canola
Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts were seeing choppy activity in mid-July but were under pressure overall, closing at their weakest levels in six months on Wednesday. Relatively favourable Prairie weather, speculative long-liquidation, and pressure from outside markets all weighed on values with more losses likely if no weather concerns develop. “The weather looks fairly […] Read more
CBOT weekly outlook: Keep an eye on the weather
Corn, soy seen trending lower
Reading Time: 2 minutes MarketsFarm — As soybeans and corn trend downward on the Chicago Board of Trade, wheat is poised to climb higher, according to Andrew Mages, analyst with Progressive Ag at Fargo, N.D. The weather outlook has called for scattered showers over the next couple of weeks, which will impact crops in some way, he said. “The […] Read more
U.S. grains: Soy, corn futures ease on improving weather
CBOT wheat firms on export news
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Wednesday on forecasts for improving weather in the Midwest, including rains next week that should boost crop production prospects, analysts said. Wheat futures rose as traders awaited the outcome of Egyptian wheat purchase negotiations, as well as talks on a possible deal to boost […] Read more
Sizzling heat stresses livestock, crops in southern U.S. Plains
Reading Time: 2 minutes Chicago | Reuters — Scorching temperatures in the southern U.S. Plains are stressing cattle as well as crops such as cotton, corn and soybeans, meteorologists and traders said on Tuesday. Temperatures were forecast to reach 111 F (44 C) in parts of the Texas Panhandle, a core area for cotton and cattle production. While much […] Read more
More than 200 people die as drought ravages northeast Uganda
Reading Time: < 1 minute Kampala | Reuters — More than 200 people have died from hunger this month in northeastern Uganda, where a prolonged drought and rampant insecurity have left more than half a million facing starvation, a local official and a charity worker said. Inhabited by nomadic pastoralists, the semi-arid and remote Karamoja region on the border with […] Read more
Pulse weekly outlook: Manitoba’s crops in ‘better situation’ than last year
Lost acreage still a question mark
Reading Time: 2 minutes MarketsFarm — Despite varied amounts of rainfall across the southern half of Manitoba over the past few weeks, pulses are faring quite well according to the province’s pulse specialist. Dennis Lange, who’s based at Altona, said while peas in fields with excessive moisture are struggling, those grown in adequate moisture and lighter soils are in […] Read more
U.S. grains: Corn, soy, wheat up on broad commodity strength
Crop-stressing dry heat expected in Midwest
Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybeans and wheat futures rose on Monday in response to worries about potentially stressful hot weather in the Midwest and Europe, coupled with bullish sentiment in crude oil and a weaker dollar, analysts said. Chicago Board of Trade benchmark December corn settled up seven cents at $6.10-3/4 per bushel, […] Read more